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majestico majestico
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Posts: 1455
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6 years ago
Prepare the adjusting journal entry for Bad Debts Expense from the following information using the balance sheet approach.

Net Sales for the year   $575,000
Balance in the allowance account   450   credit
Estimated percentage of sales uncollectible   1.5%
Estimated uncollectible accounts-aging   3,500
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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Posts: 676
6 years ago
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majestico Author
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6 years ago
Good timing, thanks!
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Brilliant
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